Syrian Arab Republic
Planning and Statistics Authority
General Directorate of Finance & Contracts — Contracts & Procurement Directorate
- Certificate no.
- 1
- Date
- 2025-03-19
- Reference
- PAY-2025-003-01
Interim payment certificate no. (1)
For the work of February 2025
- Contract number
- PSA/2025/003
- Tender file no.
- 2503320433
- Contract
- Integrated public financial management system — supply & implementation
- Contractor
- Integrated Financial & Administrative Systems Co.
- Contractor tax number
- TX-440781
- Project
- Integrated Public Financial Management System — Phase 1
- Contract period
- 2025-02-02 — 2026-12-31
- Original contract value
- SYP1,030,000,000
- Current contract value
- SYP1,030,000,000
- Linked milestone
- Inception & requirements · MS-G1 Project plan approved
Certificate summary (SYP)
| 1 | Total value of work completed to date | 24,250,000 |
| 2 | Less: previous certificates | 0 |
| 3 | Value of work in this certificate | 24,250,000 |
| 4 | Less: retention (10%) | (2,425,000) |
| 5 | Less: advance payment recovery (10%) | (2,425,000) |
| 6 | Less: delay and breach penalties | 0 |
| 7 | Total deductions | (4,850,000) |
| 8 | Net amount payable to the contractor | SYP19,400,000 |
Amount in words: Nineteen million four hundred thousand Syrian pounds only
Retention held up to this certificate: SYP 2.4M — released after final acceptance.
Work by contract item
| Item | Item value | Previous | This period | To date | Complete |
|---|---|---|---|---|---|
| Analysis & design | 154,500,000 | 0 | 5,350,000 | 5,350,000 | 3% |
| Licences & platform | 206,000,000 | 0 | 6,300,000 | 6,300,000 | 3% |
| Build & configuration | 309,000,000 | 0 | 7,275,000 | 7,275,000 | 2% |
| Systems integration | 154,500,000 | 0 | 2,900,000 | 2,900,000 | 2% |
| Testing & acceptance | 103,000,000 | 0 | 1,450,000 | 1,450,000 | 1% |
| Training & run | 103,000,000 | 0 | 975,000 | 975,000 | 1% |
| Total | 1,030,000,000 | 0 | 24,250,000 | 24,250,000 | 2% |
Amounts in Syrian pounds.
Signatures and approvals
Contractor’s representative
Mona Khaddour
Khaddour2025-03-19
Supervising engineer
Hamza Al-Hussein
Al-Hussein2025-03-21
Project manager
Nour Al-Jabiri
Al-Jabiri2025-03-24
Finance & contracts
Omar Al-Nahhas
Al-Nahhas2025-03-27
Final approver
Rasha Al-Mudarres
Al-Mudarres2025-03-30